Effective October 1, 2014,
Mr. Alan Smith (“Mr. Smith”) resigned from his position as the current Chief Financial Officer and Secretary of the
Company. Mr. Smith shall remain in his positions as President, Chief Executive Officer, Treasurer, and Director of the Company.
Mr. Smith’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s
operations, policies, practices, or otherwise.

Appointment

On October 1, 2014, Mr.
Richard Stifel was appointed to serve as the Company’s Chief Financial Officer, Secretary, and Director of the Company to
serve until the next annual meeting and until his successor is duly appointed. On October 1, 2014, Mr. Stifel accepted such appointment.

The biography for Mr. Stifel is set forth
below:

Mr. Richard Stifel, 67 – Mr. Stifel
has acted as manager and founder of RGS Resources, LLC, a regional firm that specializes in providing CFO, controller, and accounting
services to start-up and mid-size companies, intermittently since 2001. Mr. Stifel’s services through RGS Resources have
spanned a variety of fields. From 2007 to July2012, Mr. Stifel acted as CFO, Secretary and Treasurer of Big Cat Energy Corporation,
a publicly-held oil and gas service company that provides water handling solutions to the coal bed methane segment industry (BCTE).
While at BCTE, Mr. Stifel implemented an SEC compliance reporting system, negotiated strategic business agreements, oversaw financial
accounting and compliance with GAAP, annual budgeting, and development of accounting policies. Prior to BCTE, Mr. Stifel worked
as Group Controller for AutomationSolitions International, LLC and as Vice President of Finance for Horizon Resources Corporation,
a publicly held company. Mr. Stifel has a Bachelor of Science in Administration with a concentration in Accounting from Colorado
State University.

Family Relationships

Mr. Stifel is not related to any Officer or
Director of the Company.

Related Party Transactions

There are no related party transactions reportable
under Item 5.02 of Form 8-K and Item 404(a) of Regulation S-K.

ITEM 8.01 OTHER EVENTS

On October 1, 2014, the Master Property Purchase
and Sale Agreement (the “Agreement”), entered into on April 30, 2014, with Deep Blue Enterprises, LLC, a Colorado limited
liability (“Deep Blue”), originally filed with the Commission on Form 8-K on May 5, 2014 as Exhibit 10.1, expired by
its terms.

SIGNATURE

Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.